Author: Lalita
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Japan: Rising scrap prices pushing up rebar rates in Kansai
Reinforcing rebar prices in Japan’s Kansai region have been increasing for some time following a consistent rise in ferrous scrap prices. Worries of a further increase in prices have sparked among the rebar manufacturers on the back of continuously rising scrap prices. The H2 scrap purchase prices of electric-arc furnace (EAF) manufacturers in the Kansai…